2025 Regular SessionColorado Legislature

SB016: Updating Escrow Disbursement Practices

Legislative Summary

Concerning updating the framework governing escrow disbursements for real estate transactions.

Demographic Impact

Overall analysis of equity impact

80% Positive
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Bill History

1/8/2025
Introduced In Senate - Assigned to Finance
Senate
1/28/2025
Senate Committee on Finance Refer Amended to Senate Committee of the Whole
Senate
1/31/2025
Senate Second Reading Laid Over Daily - No Amendments
Senate
2/3/2025
Senate Second Reading Laid Over to 02/05/2025 - No Amendments
Senate
2/5/2025
Senate Second Reading Passed with Amendments - Committee, Floor
Senate
2/6/2025
Senate Third Reading Passed - No Amendments
Senate
2/6/2025
Introduced In House - Assigned to Finance
House of Representatives
3/10/2025
House Committee on Finance Refer Amended to House Committee of the Whole
House of Representatives
3/12/2025
House Second Reading Special Order - Passed with Amendments - Committee
House of Representatives
3/13/2025
House Third Reading Passed - No Amendments
House of Representatives
3/17/2025
Senate Considered House Amendments - Result was to Concur - Repass
Senate
3/20/2025
Signed by the President of the Senate
Senate
3/20/2025
Signed by the Speaker of the House
House of Representatives
3/20/2025
Sent to the Governor
3/26/2025
Governor Signed

Amendments

House Finance Amendment L.005

House Finance Amendment L.005

3/10/2025Adopted

Second Reading Amendment L.004

Second Reading Amendment L.004

2/5/2025Adopted

Senate Finance Amendment L.002

Senate Finance Amendment L.002

1/28/2025Adopted

Roll Call Votes

Senate: House Amendments Concur
3/17/2025
34
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate: House Amendments Repass
3/17/2025
34
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
House: Third Reading Bill
3/13/2025
62
Yea
1
Nay
0
Not Voting
2
Absent
Result: PASSED
House: Third Reading Bill
3/13/2025
62
Yea
1
Nay
0
Not Voting
2
Absent
Result: PASSED
House Finance: Refer Senate Bill 25-016, as amended, to the Committee of the Whole.
3/10/2025
13
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
House Finance: Adopt amendment L.005 (Attachment C).
3/10/2025
13
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate: Third Reading Bill
2/6/2025
31
Yea
0
Nay
0
Not Voting
4
Absent
Result: PASSED
Senate Finance: Adopt amendment L.002 (Attachment C)
1/28/2025
9
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Finance: Refer Senate Bill 25-016, as amended, to the Committee of the Whole.
1/28/2025
7
Yea
0
Nay
0
Not Voting
2
Absent
Result: PASSED

Status Information

Current Status
Passed(3/26/2025)
Chamber
House of Representatives

Documents

Enrolled
Bill Text3/19/2025118.9 KB
Amended
Bill Text3/13/2025139.6 KB
Amended
Bill Text3/12/2025139.9 KB
Engrossed
Bill Text2/6/2025140.7 KB
Engrossed
Bill Text2/5/2025139.5 KB
Introduced
Bill Text1/8/2025138.3 KB
Fiscal Note
Fiscal Note2/20/2025233.9 KB
Fiscal Note
Fiscal Note1/13/2025232.4 KB